Another day, another >3% change for the S&P 500. If it seems like volatility continues to be extreme, the chart below should be a supporting image. The chart shows the number of days each year that the S&P 500 has had a more than 2% or 3% move (in either direction) since 1957. Clearly volatility has increased over time.
 |
| Click to Enlarge |
By decade: in the 2000's, there were 114 days that the S&P moved by more than 3%. In the 1980s there were 24 and in the 60s there were just 6. In fact, before the year 2000, there was not a single year that had more than 10 days that the S&P moved by 3%. This year we've already had 12 such days.
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.